Job Opportunities in Greece
August 23, 2024
SWOT Hospitality Management Company
Πόρτο Χέλι
Revenue Manager Nikki Beach Porto Heli Resort & Spa
SWOT Hospitality, the leading Hotel Management company, trusted by international investors, developers and top-scale international luxury brands, is looking for an enthousiastic
Revenue Manager
for Nikki Beach Porto Heli Resort & Spa.
About the role
The role of the Revenue Manager is to identify and maximize all potential revenue opportunities. This role will provide direction and support to property teams in the maximization of revenue (Rev PAR and Rev PAR Index) profit and market share through leadership in the revenue management processes associated with inventory management pricing business opportunity analysis demand projections and revenue forecasting. This role will provide integral support daily to the team for both long-term and short-term goals system reporting and tools and accurate forecasting to maximize the total revenue and profitability for the hotel they support. The position is responsible for data analysis and the development of revenue strategies associated with transient and group market mix and segmentation e-commerce and sleeping room pricing in accordance with the Revenue Management SOPs strategic plan and annual operating plan for the hotel.
Tasks
Revenue Manager
for Nikki Beach Porto Heli Resort & Spa.
About the role
The role of the Revenue Manager is to identify and maximize all potential revenue opportunities. This role will provide direction and support to property teams in the maximization of revenue (Rev PAR and Rev PAR Index) profit and market share through leadership in the revenue management processes associated with inventory management pricing business opportunity analysis demand projections and revenue forecasting. This role will provide integral support daily to the team for both long-term and short-term goals system reporting and tools and accurate forecasting to maximize the total revenue and profitability for the hotel they support. The position is responsible for data analysis and the development of revenue strategies associated with transient and group market mix and segmentation e-commerce and sleeping room pricing in accordance with the Revenue Management SOPs strategic plan and annual operating plan for the hotel.
Tasks
- Oversee revenue management and distribution strategy of the properties.
- Creating and developing pricing strategies.
- Assessing, analysing, and pricing group business strategies
- Set, manage and collaborate with GM/DOS to input appropriate yield controls to maximize hotel's revenue from all distribution channels.
- Coordinate with the front office team to maximize revenue through effective inventory management upselling and sell-out efficiency.
- Collaborate with Sales and Marketing to provide consultation on strategies for negotiating and booking optimal group and catering business as well as to ensure hotel meeting space is properly utilized to maximize room and food and beverage revenue potential.
- Manage brand/third-party channels and relationships by working with OTA market managers on promotions and market exposure; follow up to analyze ROI on any paid placements or marketing programs to ensure the hotel is maximizing revenue.
- Clearly relays items/actions discussed during daily/weekly/monthly meetings
- Effectively leverage, manage and maintain the applicable Sales & Revenue Management system(s) daily operations forecasting support and reporting in accordance with hotel and brand Revenue Management Standards as applicable.
- Analyze applicable revenue reports to make Yield Management decisions and update respective inventory and rate information directly through the system(s) when necessary
- Perform displacement analysis to support group sales decisions and communicate highlights and/or action plan recommendations to Revenue leadership.
- Ensure accurate preparation and analysis of market segmentation reports production reports source contribution analysis daily pick-up reports and pace summaries. Own the compilation distribution and interpretation of sales and revenue data.
- Analyze and review monthly and weekly STR Report results understanding gains or losses of Rev PAR Index and applying this knowledge to impact and predict future results and further help develop proactive strategies to gain share against the competition.
- Engage in the annual BT pricing process. Provide data analysis of production trends and pricing guidance to hotels to ensure alignment to annual revenue goals.
- May participate in the monthly financial review focused on sales revenue and P&L; level of involvement may vary based on portfolio type.
- Manage and communicate group cut off dates.
- Monitor the status of the hotel throughout the day. Adjust any inventory controls that need to be modified through the applicable Revenue System(s) and communicate to the strategy team. This must occur as frequently as required based on high demand/revenue time frames
- Diploma or higher education in Hotel/Hospitality Management
- Relevant experience in luxury/ultra luxury Hospitality Industry
- Strong attention to detail and organizational skills
- Excellent analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Competitive salary
- Opportunities for professional growth within the group
- Educational programs
- Friendly and professional working environment
We regret to inform you that this job opportunity is no longer available
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